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Renanza Realty
For sale

11 DENNIS AVENUE

Toronto (Mount Dennis), Ontario

MLS® W13092990

$1,439,900

Status
Active
Property type
Multi-family
MLS® number
W13092990
Bedrooms
6
Bathrooms
3
Year built

Listing description

A rare opportunity to purchase this high-performing LEGAL triplex just steps away from the Mount Dennis super transit hub. With an average 8. 54% leveraged CAP rate, this fully renovated (gutted to the studs) triplex is an ideal investment to add to any portfolio.

This turnkey opportunity offers three two-bedroom units, each spanning 1000 sq ft, each with a private ensuite, washer and dryer, brand-new appliances and fixtures, large windows with an abundance of natural light, new mechanicals and each unit is separately metered for hydro. The NEWLY PAVED backyard and detached garage offer an excellent potential for a garden suite, creating a rare opportunity to further increase the density and value. With a close proximity to a brand-new public school, a nearby catholic school, excellent transit, and neighbourhood shopping, this central location ensures low vacancy and high-calibre tenants.

Property summary

MLS® number
W13092990
Property type
Multi-family
Building type
Triplex
Land size
25 x 171.3 FT
Annual property taxes
$6,223.22
Parking
Detached Garage, Garage
Days on market
117 days

Features & details

Heating
Baseboard heaters, Electric
Cooling
Wall unit
Basement
Apartment in basement, N/A
Flooring
Vinyl
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings, Water Heater - Tankless, Water Heater
Exterior features
Brick
Lot features
Carpet Free
Community features
Community Centre

What would this home cost you?

Based on the $1,439,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$6,700 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD., TORONTO.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.